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Tax Staff Essentials, Level 3 - Tax Senior/Supervisor
Tax
CPE Self-study

Tax Staff Essentials, Level 3 - Tax Senior/Supervisor

Level 3 is designed for experienced tax compliance specialists. Key topics covered include: ASC 740, tax exempt organizations, real estate transactions, and more! This level will give Staff, Seniors and Supervisors the confidence necessary to begin assuming client and engagement management responsibilities.

$499 - $689
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Taxes

Level

Intermediate

CPE Credits

47

Availability

2 years

Learning Outcomes
  • Identify circumstances that warrant converting from S to C corporation and gain a basic understanding of how to make the conversion
  • Interpret tax issues related to the formation of a corporation
  • Understand the complex rules of basis and distributions
  • Apply the rules related to acquisitions and liquidations of S corporations
  • Explain the uses of trusts as S corporation shareholders.
  • Understand the concept of a trust and the various types of trusts
  • Advise clients on filing requirements for Forms 706 and 709
  • Identify the elements of an estate and grantor trusts
  • Understand the basic steps in a business acquisition
  • Analyze the three principle approaches to valuation of a business
  • Structure compensation alternatives for individual buyers and sellers
  • Prepare and use Forms 990, 990-EZ, and related schedules
  • Understand which organizations must file returns and which are exempt
Key Topics
  • Using IRAs in strategic plans
  • S Corp current developments: tax planning impact
  • Use of qualified subchapter S subsidiaries (QSUB) and trusts (QSST)
  • Shareholder compensation planning
  • Types of Trusts and Trustee powers
  • Basic concept of estate planning
  • Advantages and disadvantages comparison of Business Entities
  • Business Acquisition basics
  • Asset versus stock based Transactions
  • Valuation considerations
  • In-depth look at Form 990 and all related schedules
  • Tax issues facing tax-exempt organizations
Product Details

Capitalize on emerging cross-selling opportunities.

Identify the more difficult areas for experienced tax compliance specialists by focusing on understanding business strategies and analyzing your client's competitive position, then converting this knowledge into tax planning and business advice.

Increasing exposure to specialized tax niches will position your work force to capitalize on emerging cross-selling opportunities. Key subject matters covered include:

  • FASB ASC 740 and deferred income taxes
  • Estates and trusts
  • Tax-exempt organizations
  • Real estate transactions
  • Advanced S corporation concepts

This level will give staff, seniors, and supervisors the confidence to begin assuming client and engagement management responsibilities.

Courses Included:

Note: These courses have been updated for the 2017 Tax Cuts and Jobs Act (TCJA) ("Tax Reform"). You'll have free access to a Course Supplement that provides an explanation of the key provisions of the TCJA (including topics not covered in your course).

Tax Staff Essentials is a comprehensive, integrated curriculum that provides tax training for four different experience levels and is available in four different formats: Online, On-site, Tax Schools and Webcasts.

Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$689.00
AICPA Members
Online
$549.00
Tax Section Members
Online
$499.00

Looking for group pricing?

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Credit Info
CPE Credits
Online
47
NASBA Field of Study
Taxes
Level
Intermediate
Prerequisites
None
Access
Online
This is a digital product. You will have access to the content for 2 years after purchase date.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

Tax Staff Essentials, Level 3 - Tax Senior/Supervisor
Select from the following options:
Online
$689.00
Nonmember Price
$689.00
Price excluding sales tax
$689.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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